Fairmont is located in Martin County, Minnesota. Fairmont has a 2025 population of 306 . It is also the county seat of Martin County . Fairmont is currently declining at a rate of -0.65% annually and its population has decreased by -1.92% since the most recent census, which recorded a population of 312 in 2020.
The average household income in Fairmont is $106,940 with a poverty rate of 12.5%. The median age in Fairmont is 50.6 years: 52.7 years for males, and 47.7 years for females. For every 100 females there are 116.2 males.
Data after 2023 is projected based on recent change
The racial composition of Fairmont includes 92.81% White, and smaller percentages for other race, Asian and multiracial populations.
White (92.81%)
Two or more races (5.63%)
Other race (1.25%)
Asian (0.31%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 297 | 92.81% |
| Two or more races | 18 | 5.63% |
| Other race | 4 | 1.25% |
| Asian | 1 | 0.31% |
Married
Widowed
Divorced
Separated
Never Married
Fairmont's average per capita income is $53,036. Household income levels show a median of $93,750. The poverty rate stands at 12.5%.
Name | Median | Mean |
|---|---|---|
| Married Families | $125,000 | - |
| Families | $124,643 | $133,302 |
| Households | $93,750 | $106,940 |
| Non Families | $53,125 | $55,338 |
Average Income
Median Household Income
Poverty Rate